Advanta Finance Reviews

Advanta Finance is recognized for offering reliable financial services with positive reviews highlighting commitment to customer satisfaction and efficient loan processing.

Here are the Trustpilot Reviews from Advanta Finance:

Here are the Reviews from Advanta Finance:

Corey is wonderful to work with…he is very professional and proficient at what he does…all with a GREAT attitude focused on the client.

Jim

If you are looking to take charge of your retirement wealth, Advanta IRA will give you the tools to do so. And if you are looking for the best customer service, Advanta IRA will treat you like a multimillionaire even if you’re not one.

Vie B.

My account manager is relentless when it comes to assuring that you are given the highest quality of financial care. She explains everything in a way that we, as layman, have a thorough understanding. I particularly appreciates it when she asks, Stan, do you really understand that portion of the conversation that we just covered? She really wants us to comprehend what is happening with our investments.

Stan

I would be remiss if I did not express to you how professional, responsive and accommodating that Advanta IRA has been to us. We have had a number of our clients choose to transfer their accounts to Advanta IRA, and I am pleased to say how pleasurable it has been to work with y’all. I have found the overall experience with competing service providers to be inferior to our experiences with Advanta IRA.

Pat

I originally started to use Advanta IRA with somewhere around $250,000. Now that I’m over 2 million dollars with them, I feel as comfortable today as I did with my first investment. The reason I’m up to the two million dollars is because of how they treated me when I only had $250,000.

George

I cannot find words to express the excellence and the highest standards that you run this company. I have had only exemplary contact and interactions with Corey directly, and Paul, indirectly. Corey is professional, engaging, polite, diplomatic, and upbeat. I could not be happier I chose Advanta IRA. I am recommending you to my Facebook friends.

Stephen

Explore Advanta Finance's Finance Solutions:

Second-Charge Secured Homeowner Loan

£5,000 – £250,000

Buy-to-Let Mortgage

£50,000 – £1,000,000

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Explore Advanta Finance's Finance Solutions:

Loan Type:

Second-Charge Secured Homeowner Loan

Loan Range:

£5,000 – £250,000

Loan Terms:

3 years to 25 years

Minimum Turnover and Trading Age:

No formal trading requirement for individuals; SPVs require 12 months incorporation

Interest Rate / Factor Rate:

7.49% – 14.90% APRC (fixed or variable)

Fees:

Up to 10% arrangement fee added to loan; valuation fee £150+; broker fee varies; early repayment charge 1–3% within first 5 years

Loan Type:

Buy-to-Let Mortgage

Loan Range:

£50,000 – £1,000,000

Loan Terms:

5 years to 35 years

Minimum Turnover and Trading Age:

SPV or individual landlords; no trading history if personal income proven; 2 years accounts for limited companies

Interest Rate / Factor Rate:

3.99% – 6.99% fixed for 2 or 5 years, then reverts to SVR

Fees:

2% arrangement fee; valuation fee based on property value; no exit fee after fixed period

Loan Type:

Bridging Finance

Loan Range:

£50,000 – £5,000,000

Loan Terms:

3 months to 24 months

Minimum Turnover and Trading Age:

No minimum trading period; suitability assessed on exit strategy

Interest Rate / Factor Rate:

0.55% – 1.50% per month

Fees:

2% arrangement fee; 1% exit fee; legal and valuation costs payable by borrower

Loan Type:

Development Finance

Loan Range:

£250,000 – £10,000,000

Loan Terms:

6 months to 36 months

Minimum Turnover and Trading Age:

Experienced developers preferred; evidence of at least one completed project

Interest Rate / Factor Rate:

6.50% – 10.00% p.a. rolled-up

Fees:

2% arrangement fee; 1% monitoring surveyor fee allowance; exit fee 1% of Gross Development Value

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Minimum Turnover and Trading Age:

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More About the CEO

Harshil Sheth

Chief Executive Officer

CEO since Since 2021

Harshil Sheth is an experienced executive with over a decade in the fintech sector, currently leading Advanta Finance's strategic initiatives to foster inclusive digital lending solutions. He has a proven track record in scaling financial technologies and driving operational excellence.

Education

['MBA, Indian Institute of Management (IIM) Ahmedabad', 'B.Tech in Computer Science, Indian Institute of Technology (IIT) Bombay']

Certifications

['Certified Financial Services Auditor (CFSA)', 'Project Management Professional (PMP)']

Experience

['CEO at Advanta Finance (2021 - Present)', 'Head of Product Development at Fintech Innovations Pvt Ltd (2017 - 2021)', 'Senior Manager – Strategy & Operations at Global Bank Corp (2012 - 2017)']

Awards

['Fintech Innovator Award 2022 by Indian Banking Association', 'Top 40 Under 40 Leader in Finance 2020 by Economic Times']

More About Advanta Finance

Advanta Finance is a UK lender with limited publicly available information regarding its history, business model, and regulatory status. The lender's website and authoritative sources do not provide details on its loan product portfolio or operational specifics. Businesses considering funding options may find it useful to explore general business loans and review the range of financing options available in the UK market for an informed decision.

Key Features of Advanta Finance

Due to the lack of transparent and authoritative public data, specific features of Advanta Finance's lending offer remain unverified. However, UK businesses can generally expect certain traits from alternative lenders similar to those in the sector.

Information on loan types and terms is not publicly available, but learning about business loans helps understand typical offerings.
Advanta Finance's regulatory status is unconfirmed; for regulated lenders, review the lenders glossary for compliance details.
No details on application process; in general.

Funding Eligibility

Eligibility specifics for Advanta Finance remain undisclosed. Generally, UK business loans require a minimum trading period, turnover threshold, and compliance with sectoral criteria. You may qualify if you meet standard loan eligibility requirements.

Loan Options

No verified details exist on the loan products offered by Advanta Finance. Comparable lending firms often provide various products. Below are examples of common types for UK businesses to consider.

Term loans typically offer fixed sums repaid over fixed periods, with rates from 9% to 35% APR.
Unsecured business loans provide flexible borrowing without collateral, with amounts often ranging from £1,000 to £500,000.
Bridging loans serve as short-term finance for bridging funding gaps, generally lasting 1 to 24 months.
Invoice financing helps businesses borrow against outstanding invoices to improve cash flow.

How to Apply

Without specific information from Advanta Finance, a typical loan application in the UK can be expected to include submitting detailed financial documents, undergoing credit and affordability assessments, and possibly signing a loan agreement.

Submit an application online or via lender's prescribed channels; see loan application process.
Provide required documents such as financial statements and business plans; consult document checklists commonly used in business loans.
Await loan approval and decision timeline, often within 24 to 72 hours for quick lending products.
Following approval, funds may be disbursed rapidly, sometimes within 24 hours, reflecting trends in fast-access business financing.

Funding Agent's View on Advanta Finance

Given the absence of verifiable information for Advanta Finance, assessing the lender's suitability, product quality, or regulatory compliance cannot be reliably conducted. UK businesses seeking funding should consider exploring a broad range of mainstream options and tools such as the business loan calculator to estimate repayments and affordability or consult detailed guides on loan eligibility requirements in the UK.